WS #14115
Trump's declaration to claim Hormuz as US territory, Iran's rejection, and attacks on ADNOC tankers have stalled strait traffic, keeping oil prices elevated and pressuring airlines/shipping.
Hormuz escalation and oil supply disruption
Trump's declaration to claim Hormuz as US territory, Iran's rejection, and attacks on ADNOC tankers have stalled strait traffic, keeping oil prices elevated and pressuring airlines/shipping.